经济与管理2025，Vol.39Issue(1)：76-84,9.
共同机构所有权与关联方交易
Common Agency Ownership and Related Party Transactions
吴秋生 1任晓姝2
作者信息
- 1. 山西财经大学 会计学院,山西 太原 030006
- 2. 厦门大学 管理学院,福建 厦门 361005
- 折叠
摘要
Abstract
Based on the information effect and monopoly effect of joint institution ownership,the impact of joint institution ownership on related transactions was studied from the A-share listed companies in 2007-2020.The study found that joint institutional ownership has significantly increased the related party transactions of enterprises,and the conclusion remains true after a series of robustness tests.The influence of joint institutional ownership on enterprise-related transactions is more significant in the case of large joint insti-tutional ownership,greater influence in the same industry,and less competition.The increase of enterprise related transactions is the choice to maximize the interests of the ownership of joint institutions.Further research has found that the co-ownership of joint institu-tions can reduce the quality of enterprise accounting information and obtain more excess profits by increasing related party transactions,which is consistent with the theoretical analysis.关键词
共同机构所有权/关联方交易/公司治理/会计信息质量/机构投资者Key words
common agency ownership/related party transactions/corporate governance/accounting information quality/institutional investors分类
管理科学引用本文复制引用
吴秋生,任晓姝..共同机构所有权与关联方交易[J].经济与管理,2025,39(1):76-84,9.
